Posts

Performing Arts Boosted by Social Video Ticketing Partnerships

AccuList USA’s performing arts marketing clients have more tools this year for reaching ticket buyers, fans and supporters via partnerships that link online ticketing and social media videos.

Using Social Video Pages to Sell Tickets

The latest entry in the competitive social media ticketing race is Google-owned YouTube, which has partnered with Ticketmaster to show viewers upcoming U.S. tour dates and nearby concert listings on artists’ YouTube videos and then allow viewers to jump directly to Ticketmaster to purchase tickets. YouTube is actually a latecomer to the social media ticketing world. Ticketmaster started promoting ticket sales on Spotify and Facebook in 2016. YouTube’s end-of-2017 move is one reaction to Spotify’s growth in the streaming market with integrated data and artist information. For Ticketmaster, its global roster of concerts and lock on the concert-ticket industry can only be enhanced by access to YouTube’s 1.5 billion user base, driving more fans to pay Ticketmaster prices and service charges. But competitive social video ticketing is a win for performing arts promotion, too.

Why It’s Good News for Performing Arts

YouTube is leveraging one of its strengths with the ticketing partnership; music videos account for 30% of all time spent on YouTube and represent 94% of the 250 most-viewed videos on the platform, per the Video Advertising Bureau. And that means performing arts promotions can look forward to generating additional ticket sales from the platform’s added feature. The YouTube ticketing feature also addresses a running feud between YouTube and the recording industry. Some record labels have argued that YouTube hasn’t paid enough in fees for music videos hosted on its platform, but now ticket sales will provide another revenue stream for labels to monetize and boost royalties. This kind of partnership may even help cut down on the sales drain from pirating since the increased ability to monetize videos via ticket sales is likely to push performing arts promotion to drive as much traffic as possible to official videos and to be more proactive in flagging unofficial channels. (See the story in Direct Marketing News.)

Social Media Pros Predict Wide Range of Changes in 2018

Both B2B and B2C marketers are planning on investing more in social media marketing in 2018, per surveys. So AccuList USA’s clients may want to take a look at the trends that social media experts are predicting for Facebook, Instagram, Twitter, LinkedIn, and Pinterest marketing in the year ahead, as recently gathered up by Social Media Examiner.

Video Boom: Moves by LinkedIn and Facebook

Among the more than 33 predictions featured, multiple social media pros stressed the growth and impact of video, as “even simple selfie videos filmed on cell phones are propelling businesses higher than video-less businesses,” to quote one forecaster. B2B marketers will be pleased to know that LinkedIn advertising is expected to roll out video ads for business pages and geofilters for videos, now in test. Facebook, which remains the social media ad leader, is positioning to become a major player in online video. In 2017, Facebook debuted Facebook Watch for select creators (a TV-like option). In 2018, it is forecast that the program will expand to all people and pages on Facebook, and also that Facebook will likely roll out new features for video creators, perhaps including preferential Facebook news feed exposure for original native video, revenue-sharing deals, or even a dedicated video app. With the video boom, metrics will need to get more sophisticated across platforms. Since each platform counts their video views differently (Snapchat at 1 second, Twitter at 2 seconds, Facebook/Instagram at 3 seconds, and YouTube at 30 seconds), watch for marketers to go beyond number of views to data measuring the time spent and the attention held across all screens on all platforms.

Instagram Gains Ground With Marketers

Instagram is forecast to keep surging after fast growth in 2017, with 15 million businesses using Instagram by July 2017 (nearly double the 8 million businesses that used Instagram in March 2017), with 80% of Instagram accounts now following at least one business, and with global advertising set to reach $4 billion for 2017 year-end. One reason is that Instagram has been improving its tools for marketers, including InstaStories promoted within the  “news feed,” the Story Highlights feature that allows pages to host static collections of previously disappearing story posts on profiles, “swipe up” calls-to-action, posts that click through to online stores, and soon the ability to follow hashtags.

Rising Ad Costs Force Smarter Targeting, Metrics

The bad news for marketers is that the popularity of social media will translate into rising ad costs in 2018, with pricing of Facebook and Instagram advertising predicted to rise over the next 12 months. However, that cost trend should actually spur businesses hesitating to invest; marketers who commit to social media ads now will generate awareness, build audience (particularly via e-mail subscribers) and gain a competitive advantage in the increasingly crowded market. Given the rising cost to gain the attention of prospects and acquire customers, more businesses also are urged to hone ad effectiveness beyond generating leads followed with automated e-mail—for example using retargeting, AI and other techniques to ensure prospects see the most relevant messaging for their point in the customer journey. And, as cheap organic reach declines in effectiveness and paid ad costs climb, the importance of ad metrics increases. Whether on Facebook, Instagram, LinkedIn or Twitter, marketers will need to track the metrics of each ad or promoted post, combining a paid acquisition model with historical data and personalized content if they hope to translate social media marketing into real revenue results in 2018, warn the social media mavens.

For more predictions, see https://www.socialmediaexaminer.com/social-media-predictions-2018/?utm_source=Newsletter&utm_medium=NewsletterIssue&utm_campaign=New

Marketing With Online Video? If Not, You’re Behind the Curve

In supporting our digital marketing clients, AccuList USA has seen rapid growth in online video use, and a recent Forbes magazine article by John Hall, CEO of Influence & Co., cited video as one of six essential trends to include in 2018’s digital marketing budget. Why? Researchers forecast that by 2020 online video will account for 80% of all consumer internet traffic. Already over 500 million people are watching video on Facebook every day. If you want a crack at that audience, you’ll need to join the video world.

Low-Cost Video Ads Boost Engagement and Sales

Video ads are not just good at promoting brand awareness and engagement; they deliver sales. Video creation service Animoto’s most recent survey of 1,000 consumers and 500 marketers reinforces online video’s clout: 64% of consumers say they purchase after watching branded social videos. No wonder more businesses are jumping on the video ad bandwagon and investing in paid/sponsored video as well as paying to “socialize” or promote videos. Helping the video boom is the relatively low production cost; in fact, 92% of marketers told Animoto they make videos with assets they already have. Meanwhile, a nationwide pricing survey of videographers and photographers found that the average small business marketing video cost less than $1,000 in 2015 and a medium-sized product demo video was around $2,000.  Cost is not a barrier; coming up with engaging, targeted content is the challenge.

Marketers Focus on Multiple Platforms, Mobile Viewing

So what platform will best deliver the target audience? Animoto’s survey shows where consumers engage with branded videos daily: 49% on Facebook, 32% on YouTube, 24% on Instagram, 22% on Snapchat, and 22% on Twitter. Most brands hedge their bets by using multiple platforms, paying to capture eyes on YouTube and Facebook, for example. The more important goal, regardless of platform, is to optimize for mobile viewing since 84% of online video viewers watch on mobile devices–which is why 81% of marketers are optimizing their social videos for mobile viewership, per Animoto. Timing counts, too. Animoto’s survey found 33% of video consumers watch during the lunch hour, 43% during the afternoon, 56% during the evening, 38% before bed, and 16% in the middle of the night.

Square, Live and Soundless Creatives Gain Traction

Square video, as opposed to horizontal video, is growing in popularity, with 39% of surveyed marketers creating square and/or vertical videos now. Why? Square videos take up 78% more space in the Facebook News Feed, and get more engagement, than horizontal videos, according to Animoto. Live streaming video is also growing in popularity. According to IT/networking giant Cisco, live Internet video will account for 13% of  total online video traffic by 2020. But before you spend time and dollars crafting a great video sound track, note that video editing software firm Camtasia reports that 85% of Facebook videos are watched without sound.

For a summary of Animoto’s social video marketing findings, go to https://animoto.com/blog/business/state-of-social-video-marketing-infographic/

 

2017 Multi-Channel Marketers Challenged by 3 Key Digital Trends

As this year’s marketing gets underway, we want to alert marketers seeking our multi-channel support services to three important 2017 digital trends recently cited by digital marketing hub ClickZ author Rebecca Sentance.

‘Mobilized’ Search Is Digital Marketing Must

Marketers need to go beyond “mobile friendly” to a “mobile first” strategy given current search trends. Though ClickZ’s own Intelligence Report on 2016 mobile marketing found that 56% of client-side marketers and 44% of agency respondents still described their mobile ad efforts as “beginner,” big search market changes will spur more mobile strategy investment this year, Sentance notes. Think mobile is over-hyped? Sentance asks you to consider the following: Search-engine giant Google has removed the “right-hand rail” from the search results page and moved to only displaying paid ads at the top and bottom, making the main search results layout more adaptive to mobile; Google continues to strengthen a mobile-friendly ranking system that penalizes websites that aren’t mobile-optimized; and Google announced in October that it would further favor mobile search by splitting off desktop and mobile into separate search indexes, with mobile as its primary index.

‘Visualized’ Social Marketing Wins Followers

Marketers need to embrace visual elements and visually focused platforms for more effective social media performance. Sentance points out as an example that YouTube was the fourth-most cited channel of the 2016 Marketing Trends Survey when respondents were asked to name the top three performing networks for their social media marketing efforts (behind Facebook, Twitter and LinkedIn). And though Instagram came in fifth place, the rise of visually focused platforms like Instagram, Pinterest and Snapchat is undeniable. For example, Sentance reports that Instagram is far outstripping social competition in follower growth, with a median average of 6-8% follower growth month on month. So it’s no wonder that formerly text-based social media leaders Facebook and Twitter have made it a priority to meet the competitive challenge this year by integrating more multimedia into their platforms, with the addition of GIFs, short videos and live video streaming.

‘Commercialized’ Social Offers Sales As Well As Branding

Finally, marketers should stop assuming social media is mainly a tool for brand and traffic building rather than direct sales. Social media and e-commerce have been overlapping more and more, Sentance argues. She cites the launch of Facebook Marketplace, the acquisition of Famebit by Google/YouTube, and the change in Pinterest’s business profiles to showcase Buyable pins more prominently as just three recent examples of the trend to integrate e-commerce with social.

To read the complete ClickZ article go to https://www.clickz.com/three-major-developments-that-will-shape-multi-channel-marketing-in-2017/108468/